State Street’s Wealth Custody & Clearing (WC&C) business delivers institutional grade custody, clearing, and platform services to wealth managers, broker dealers, and financial institutions. As WC&C modernizes and scales its digital platforms, quality engineering and automated testing are critical to ensuring platform reliability, data integrity, and regulatory grade controls.
We are seeking a Software Development Engineer in Test (SDET) to serve as a hands-on quality engineering contributor, embedded within Wealth Technology delivery teams and accountable for building robust automated testing solutions across frontend, backend, and integration layers.
Role Summary
This role is a senior individual contributor position focused on test automation, quality engineering, and software validation in a regulated, production critical environment.
You will design, build, and maintain automated testing frameworks, partner closely with developers and product teams, and act as a quality advocate throughout the software development lifecycle. This position emphasizes engineering driven testing, not manual execution, or people management.
Core Responsibilities
Design, develop, and maintain automated test frameworks for frontend, backend, and API driven systems
Build and execute automated test suites covering functional, regression, integration, and end-to-end scenarios
Partner closely with application developers, product managers, and platform engineers to embed quality early in the SDLC
Validate system behavior across wealth custody, clearing, trading, and servicing workflows
Create and maintain test data strategies that support repeatable, reliable automated testing
Identify, document, and track defects while contributing to root cause analysis and defect prevention
Ensure applications meet enterprise expectations for accuracy, reliability, resiliency, and regulatory compliance
Support production readiness efforts, including release validation and post deployment issue analysis
Required Experience
7+ years of experience in software quality engineering, SDET, or test automation roles
Strong experience working as a hands-on individual contributor embedded within engineering teams
Proven ability to design and implement automated testing solutions for complex systems
Experience working in enterprise or regulated environments where quality and control are critical
Strong collaboration skills and the ability to influence quality outcomes without formal authority
Domain Exposure – Wealth & Financial Services
Exposure to wealth management, brokerage, or financial services systems is strongly preferred
Familiarity with validating workflows such as:
Account and portfolio lifecycle events
Trading and order management processes
Operational servicing and exception handling
Understanding of testing needs related to role-based entitlements, data accuracy, auditability, and controls
Experience supporting systems subject to regulatory oversight (e.g., SEC, FINRA) is a plus
Technical Skills
Strong proficiency in test automation tools and frameworks (e.g., Selenium, Cypress, Playwright, or equivalent)
Experience testing API based and microservices architectures, including integration and contract testing
Familiarity with Java, JavaScript, or other backend/frontend languages used for test development
Experience working with CI/CD pipelines to integrate automated testing into deployment workflows
Knowledge of performance, resiliency, and negative path testing concepts
Strong understanding of testing best practices, quality metrics, and defect management
Education
Bachelor’s degree in Computer Science, Engineering, or a related field
Equivalent practical experience will be considered
Why State Street
Support mission critical wealth platforms used across global custody and clearing markets
Operate as a true quality engineer—writing test code, not managing people
Partner with experienced engineers and architects on complex, high impact systems
Competitive compensation, benefits, and a strong technical IC career path
Salary Range:
$90,000 - $157,500 AnnualThe range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State StreetAcross the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Skills Required
- 7+ years of experience in software quality engineering, SDET, or test automation roles
- Hands-on individual contributor experience embedded within engineering teams
- Ability to design and implement automated testing solutions for complex systems
- Experience in enterprise or regulated environments
- Strong collaboration and influence skills without formal authority
- Experience with test automation tools or frameworks such as Selenium, Cypress, or Playwright
- Experience testing API-based and microservices architectures, including integration and contract testing
- Familiarity with Java, JavaScript, or other backend/frontend languages used for test development
- Experience integrating automated testing into CI/CD pipelines
- Knowledge of performance, resiliency, and negative path testing
- Understanding of testing best practices, quality metrics, and defect management
- Bachelor's degree in Computer Science, Engineering, or a related field, or equivalent practical experience
- Exposure to wealth management, brokerage, or financial services systems
- Experience with account and portfolio lifecycle, trading, order management, servicing, and exception-handling workflows
- Understanding of role-based entitlements, data accuracy, auditability, and controls
- Experience supporting systems subject to SEC or FINRA oversight
State Street Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about State Street and has not been reviewed or approved by State Street.
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Retirement Support — Retirement support is framed as a standout component, highlighted by a 401(k) match described as 100% on the first 6% of base salary. This is positioned as a meaningful offset to less competitive cash compensation for some roles.
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Leave & Time Off Breadth — Leave and time off are portrayed as relatively robust, with references to multi-week vacation, paid holidays, sick time, and additional days tied to wellness or volunteering. This breadth is repeatedly treated as a tangible part of total rewards beyond base pay.
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Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle benefits are presented as extensive, including the BeWell program, fitness discounts, onsite or supported health resources, and financial counseling. These offerings are depicted as strengthening the overall benefits proposition even when pay satisfaction is tepid.
State Street Insights
What We Do
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future
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